- $2.4M Price
- .24 Acres
- 23 DOM
6221 Corona Avenue
Offered at $2,350,000, this fully renovated 7-unit multifamily property at 6221 Corona Ave presents a rare turnkey investment opportunity in a strong rental market. The asset consists of three separate buildings totaling 4,801 square feet on a spacious 10,435 SF lot, with all units comprehensively remodeled in 2025 to a modern standard. The unit mix includes one detached 2 bed/1 bath with a private yard, one 3 bed/2 bath, four 1 bed/1 bath units, and one ADU, providing a balanced blend of rental sizes to attract a wide tenant base. The property is currently 100% occupied, generating a 5.21% cap rate and a GRM of 12.36, with an average price of $335,714 per unit. With seven legal units spread across a low-maintenance layout, this is a perfect opportunity for investors seeking stable income, minimal deferred maintenance, and long-term upside. Whether you're expanding your portfolio or entering the multifamily space, 6221 Corona Ave is a standout value proposition in today’s market.
Essential Information
- MLS® #SB25172263
- Price$2,350,000
- Bathrooms0.00
- Acres0.24
- Year Built1920
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address6221 Corona Avenue
- CityBell Gardens
- CountyLos Angeles
- Zip Code90201
Area
T3 - Bell Gardens, Bell E of 710, Commerce S of 26
Amenities
Utilities
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Interior
- # of Stories2
Exterior
- ExteriorStucco
- RoofComposition
- ConstructionStucco
Lot Description
Back Yard, Front Yard, Lawn, Level, Paved
Additional Information
- Date ListedJuly 28th, 2025
- Days on Market23
- ZoningR3
Listing Details
- AgentAlbert Pacleb
- OfficeLA Commercial, Inc.
Albert Pacleb, LA Commercial, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of August 23rd, 2025 at 2:51pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.